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[quote=HighFireTrend]04.15.2007 for Monday 16 (GMT-5)(New York time)
(super intraday)
- 00:10 am - 09:00 am (04.16.2007) - sell
"+++" - pluses - means without trade-risk.
---------------------------------------------------
(intraday)
- Down trend
- sell zone1.9885-1.9928
- stop 1.9968
- target 1.9822
---------------------------------------------------
Hello. Ok, here is a PERFECT example of How I interpretate the IDT forecast, and combine it with my Trade Analysis.
As you can see I projected the targets to go as far as 1.9926. And it did. Now, For me, This is not only a Target Price from my long position, but also a High probability Reversal point with VERY LOW RISK. Meaning, that If I close my long and Reverse the market, I'll place my stop right at 5-15 pips higher than the top. Risking only about 10 to 20 pips. per trade depending on my fill.
So, Since the 3rd and last target was reached,
This was also R1 pivot level,
A Murray level 7/8,
A Daily Fib resistant 2 level
At the same Time, the RSI 5 Min. was at 70 as an overbought level
All of this combined was a great confirmation of a good potential sell. Now, Depending your risk tolerance, you can wait for the prices to start falling, or , if you are like me, You Short as soon as prices HALT for more than 5 min at the "this calculated top". And place your stop at the next pivot level. This is my criteria for stop when performing this type of entries.
So, After all of this analysis is done, I compare to what IDT is SUGGESTING and perfome with the outcome. As you can see IDT ALSO was suggesting to SHORT at the 1.9920 to 30.th area, wich confirmed my decision to short, so I can short with confidence and even ADD one more lot.
So, Entry was at the 1.9929, and stop at 1.9959. Target prices were at:
Well, this is as specific as I can get about my trades with the IDT forecast. Hope to be of Help. Sorry for the delay and hurry, but I'm very busy on my business and family. Take care and GOD SPEED. see you tommorrow.
HFT, hos your tradign result this month so far.
Over & Out
__________________
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04.15.2007 for Monday 16 (GMT-5)(New York time)
(super intraday)
- 00:10 am - 09:00 am (04.16.2007) - sell
"+++" - pluses - means without trade-risk.
---------------------------------------------------
(intraday)
- Down trend
- sell zone1.9885-1.9928
- stop 1.9968
- target 1.9822
---------------------------------------------------
Hello. Ok, here is a PERFECT example of How I interpretate the IDT forecast, and combine it with my Trade Analysis.
As you can see I projected the targets to go as far as 1.9926. And it did. Now, For me, This is not only a Target Price from my long position, but also a High probability Reversal point with VERY LOW RISK. Meaning, that If I close my long and Reverse the market, I'll place my stop right at 5-15 pips higher than the top. Risking only about 10 to 20 pips. per trade depending on my fill.
So, Since the 3rd and last target was reached,
This was also R1 pivot level,
A Murray level 7/8,
A Daily Fib resistant 2 level
At the same Time, the RSI 5 Min. was at 70 as an overbought level
All of this combined was a great confirmation of a good potential sell. Now, Depending your risk tolerance, you can wait for the prices to start falling, or , if you are like me, You Short as soon as prices HALT for more than 5 min at the "this calculated top". And place your stop at the next pivot level. This is my criteria for stop when performing this type of entries.
So, After all of this analysis is done, I compare to what IDT is SUGGESTING and perfome with the outcome. As you can see IDT ALSO was suggesting to SHORT at the 1.9920 to 30.th area, wich confirmed my decision to short, so I can short with confidence and even ADD one more lot.
So, Entry was at the 1.9929, and stop at 1.9959. Target prices were at:
Well, this is as specific as I can get about my trades with the IDT forecast. Hope to be of Help. Sorry for the delay and hurry, but I'm very busy on my business and family. Take care and GOD SPEED. see you tommorrow.
Now I have sold at current price 1.9986, waiting my profit
04.16.2007 for Tuesday 17 (GMT-5)(New York time)
(super intraday)
- 01:50 am - 06:00 am (04.17.2007) - buy
- 06:30 am - 09:00 am (04.17.2007) - sell
"+++" - pluses - means without trade-risk.
---------------------------------------------------
(intraday)
- Down trend
- sell zone 1.9923-1.9954
- stop 1.9994
- target 1.9876
---------------------------------------------------
- 01:50 am - 06:00 am (04.17.2007) - buy - our buy time is over - you should SELL - because will start our sell time + Down trend - you must SELL - Regards guys!!!
if IDT is able to process payments directly from paypal then it would be much faster and easier. am currently not liking the processing speed of the intermediary changing from cash to gold money.
04.16.2007 for Tuesday 17 (GMT-5)(New York time)
(super intraday)
- 01:50 am - 06:00 am (04.17.2007) - buy
- 06:30 am - 09:00 am (04.17.2007) - sell
"+++" - pluses - means without trade-risk.
---------------------------------------------------
(intraday)
- Down trend
- sell zone 1.9923-1.9954
- stop 1.9994
- target 1.9876
---------------------------------------------------
- 01:50 am - 06:00 am (04.17.2007) - buy - our buy time is over - you should SELL - because will start our sell time + Down trend - you must SELL - Regards guys!!!
if IDT is able to process payments directly from paypal then it would be much faster and easier. am currently not liking the processing speed of the intermediary changing from cash to gold money.
wilson.
They don't accept PayPal - you can through Western Union - too fast like PayPal.
Market is bullish record high for gbpusd don't sell!
Limit loss if it is needed
Here is a link with very good information for today http://www.fxstreet.com/rates-charts...spx?id=GBP/USD
Last days there is less correlation between currencies and $ is weak
Price broke all 3 resistances today waiting for reversal I don't know when!
Market is bullish record high for gbpusd don't sell!
Limit loss if it is needed
Here is a link with very good information for today http://www.fxstreet.com/rates-charts...spx?id=GBP/USD
Last days there is less correlation between currencies and $ is weak
Price broke all 3 resistances today waiting for reversal I don't know when!
Roberto1
Regards
Yes, I know that our 2.0000 level is closed to the price and we must know that sell + without +++ dangerous trade. But I was in RISK today, it's a peety. I think that if you want to work without RISK - you should use forecasts only with +++, but I can't live without RISK
Linear Mode
